Trading Edges That Last
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Lawrence's Comment Recap As expected ninja zoomed higher and got the main upside target Y+2. Ninja stalled back down quickly right after. Closed the week below Y+1 and near week low. ...READ MORELawrence's Comment Recap A forced flush down to Y-2. Closed the week at Y-1 and midpoint. Outlook Definitely trying hard to form a bottom here. The process, however, can take some time ...READ MORELawrence's Comment Recap As expected, the weekly downtrend continues. Non-stop selling trapped bottom pickers and flushed to Y-2 downside target. Closed the week near week low. Outlook As long as Y-1 acts ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREUSDJPY Feb 16 to Feb 20 OutlookIntraday Cycle Projection (AUDUSD) 2013-06-03USDCAD Jul 23 to Jul 27 OutlookAUDUSD Feb 19 to Feb 23 OutlookEURUSD Jul 09 to Jul 13 OutlookIntraday Cycle Projection (AUDUSD) 2014-09-033DP Odds Table (AUDUSD) 2013-01-04S&P 500 Nov 22 to Nov 26 OutlookIntraday Cycle Projection (AUDUSD) 2019-07-26Precog Vision – Forex 2016-7-19
As Featured In
AUDUSD Aug 26 to Aug 30 Outlook
Lawrence’s Comment
FBO against Y+1 and collapsed immediately. Flushed down to below Y-2. Printed almost 200% absolute range expansion before Aussie could bounce. The overshoot both ways scenario unfolded as expected. Closed the week below Y-1 and midpoint.
Outlook
Gold made a breakout to upside move by end of last week while Aussie could not even push back up to Y-1. It is bearish for both gold and Aussie. As long as B-0 is acting as resistance, retest of B-1 is likely.
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